Introduced By

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Introduced

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Passed Committee

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Passed House

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Passed Senate

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Signed by Governor

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Became Law

Description

Confidentiality of tax information; local tax officers sharing information with local administrative officers in certain localities. Authorizes a locality's commissioner of the revenue, treasurer, director of finance, or other similar local official who collects or administers taxes to share confidential tax information with such locality's financial officer and chief administrative officer, provided that such officer enters into a written nondisclosure agreement. Such authorization applies only to localities for which the Auditor of Public Accounts has made a preliminary determination of fiscal distress. Under current law, such information is prohibited from being shared between such officials unless other exemptions apply. Amends § 58.1-3, of the Code of Virginia.Read the Bill »